Tag Archives: economy

How Puerto Rico got into its current financial mess

  https://www.miamiherald.com/news/business/biz-monday/article64452617.html How Puerto Rico got into its current financial mess BY JOHN McPHAUL Special to the Miami Herald March 06, 2016 02:00 PM   A man drinks a beer in a local bar as he watches Puerto Rico’s governor … Continue reading

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Analysis: ‘Lack of progress’ in getting P.R.’s economy back on track bodes badly for the year 2020

https://newsismybusiness.com/analysis-19s-lack-of-progress-in-getting-p-r-s-economy-back-on-track-is-bad-omen Analysis: ‘Lack of progress’ in getting P.R.’s economy back on track bodes badly for ’20 January 2, 202001620 The lack of progress in getting Puerto Rico’s economy back on track does not bode well for what should happen in … Continue reading

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Socialism’s Millennial fans don’t even know what it is

https://nypost.com/2019/03/03/socialisms-millennial-fans-dont-even-know-what-it-is Socialism’s Millennial fans don’t even know what it is By Post Editorial Board March 3, 2019 | 8:20pm Enlarge Image REUTERS Anyone who isn’t a socialist at 20 has no heart, but anyone who isn’t a conservative by 40 … Continue reading

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Puerto Rico’s poor economy is rooted in counter-productive Puerto Rican government policies

https://www.washingtonpost.com/opinions/dont-blame-puerto-ricos-poor-economy-on-hurricanes/2018/12/17/206a5734-f181-11e8-9240-e8028a62c722_story.html The Puerto Rican government is the problem by having policies that encourage people to be on welfare, to discourage them from working.  It’s simple logic, in that one will get more behavior that is rewarded and less behavior that … Continue reading

Posted in analysis and opinion, culture and cycle of dependency, Hurricane Maria and after effects, Puerto Ricans and Puerto Rico people, Puerto Rico necessary improvements | Tagged , , , , , , , , , , , , , | Leave a comment

Puerto Rico’s Agriculture and Farmers Decimated by Maria

Puerto Rico’s Agriculture and Farmers Decimated by Maria By FRANCES ROBLES and LUIS FERRÉ-SADURNÍSEPT. 24, 2017 Photo Plantain trees flattened by Hurricane Maria in Yabucoa, P.R. In a matter of hours, the storm destroyed about 80 percent of the crop … Continue reading

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Here’s how an obscure tax change sank Puerto Rico’s economy

https://www.cnbc.com/2017/09/26/heres-how-an-obscure-tax-change-sank-puerto-ricos-economy.html Here’s how an obscure tax change sank Puerto Rico’s economy Even before a devastating hurricane brought Puerto Rico to a near standstill, the government there was struggling with an economy in shambles and a default on billions of dollars … Continue reading

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Puerto Rico needs an IMF-style economic plan

  https://www.aei.org/publication/puerto-rico-needs-an-imf-style-economic-plan Desmond Lachman October 27, 2017 | Real Clear Markets Puerto Rico needs an IMF-style economic plan Economics, International Economics It would be an understatement to state that the hurricane-battered Puerto Rican economy is at serious risk of entering … Continue reading

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